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John is 35 years old and recently married with Eva. After they got married, they are considering to have their first child in 2 years
John is 35 years old and recently married with Eva. After they got married, they are considering to have their first child in 2 years and save for a deposit to buy an apartment. Which lifecycle stage is John likely in? Select one: a. Wealth accumulation phase b. Early family formation c. Approaching retirement d. Post retirement e. Saving versus consumption phase
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